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MLS® X13502100
Niagara Falls, ON
This fantastic investment opportunity is located in the prime Niagara Falls tourist district, minutes from the Falls and the casino. The property features a 2,000 sq ft ground-floor restaurant currently leased at $4,300/month plus HST, which will increase to $4,500 this August, with $200 annual increments. The lease has three years remaining. The 1,200 sq ft upper unit, currently used for massage therapy, is leased at $2,000/month. Annual income totals $74,400. With 2025 taxes at $12,102, the cap rate is approximately 5%. With recent updates including electrical, plumbing, roof, HVAC, and water heater, this high-visibility property offers stable income and future potential.
Broker
ANJIA REALTY
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Commercial Retail
5689 MAIN Street Niagara Falls
Niagara Falls
Type
Commercial Retail
Parking
None
Property Tax
~$12,102/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
3200 sqft
Parking
None
Finances
List Price
$1,180,000
Price per SQFT
$369/sqft
Property Tax
~$12,102/yr
Property Specs
Property Type
Commercial Retail
MLS Size
3200 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Niagara Falls
Listed On
Jun 29, 2026
Public Transit
Days on Market
Current: 131 days
Room information is not available for this listing.
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